Procuring financing for business ventures is often challenging for small business owners. From startup phase to the expansion of your business, you may find it difficult to overcome the requirements of traditional bank loans. Newtek may be able to help. Newtek term loans offer flexibility to business owners because financing can be guaranteed for a variety of general business uses including: working capital, debt refinancing, and equipment purchases, just to name a few.
Because A/R Financing is not a loan, no debt is incurred which makes it easier to obtain other types of financing.
A minimum of $50,000 in account receivables are required. Cost and terms are not published.
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